FOR SALE
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9/12 Geraldton Drive
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Modern 4-Bedroom Townhouse in Gated Complex - Ideal Investment or First Home

Discover this beautifully maintained 4-bedroom townhouse, nestled in a quiet, gated complex. Whether you're seeking a prime investment or your first home, this property ticks all the boxes.
Key Features:
-Interior: Tiled and carpeted throughout, featuring a modern granite-topped kitchen and spacious living areas with air conditioning, spread across three levels.
-Ground Floor: Includes a study/bedroom, toilet, laundry room, and courtyard.
-Middle Floor: Boasts an open-plan living and dining area, a light-filled kitchen, and a balcony perfect for entertaining or unwinding after a busy day.
-Top Floor: Features three bedrooms (including a master with ensuite), two bathrooms, and a balcony with views-on clear days, you can see the Q1.
-Additional Features: Ceiling fans in all bedrooms, ample storage space, and a double automatic garage.
Location:
-A short walk to the picturesque Lake Orr.
-Minutes away from Bond University and Robina Town Centre.
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Property Details for 9/12 Geraldton Dr, Varsity Lakes

9/12 Geraldton Dr, Varsity Lakes is a 4 bedroom, 2 bathroom Townhouse with 2 parking spaces. The place is currently for sale with Australian Property Alliance Management.

Building Type
Townhouse

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About Varsity Lakes 4227

The size of Varsity Lakes is approximately 5.9 square kilometres. It has 23 parks covering nearly 10.6% of total area. The population of Varsity Lakes in 2011 was 14,365 people. By 2016 the population was 15,000 showing a population growth of 4.4% in the area during that time. The predominant age group in Varsity Lakes is 20-29 years. Households in Varsity Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Varsity Lakes work in a professional occupation. In 2011, 51.9% of the homes in Varsity Lakes were owner-occupied compared with 51.3% in 2016.

Varsity Lakes has 8,093 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 86.62% increase in median value, while Units have seen a 77.39% increase. As at 31 July 2024:

  • The median value for Houses in Varsity Lakes is $1,162,033 while the median value for Units is $760,798.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 39 properties listed for sale, and 30 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 450 properties were sold in the past 12 months in Varsity lakes.

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David W Wang
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Australian Property Alliance Management
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